Is Now the Time to Buy a House with Zillow, Redfin and Opendoor out?

Is now the time to buy a house? That’s a good question.

With all of the uncertainty surrounding the hysteria with the coronavirus, a lot of people are currently at a standstill financially. Hopefully things will be turning around and getting back to normal soon.

Download the HomeScout app and use my VIP code – 0832.

Zillow announced that they are falling back from buying houses for at least the next 30 days. Redfin and Opendoor stated last week that they would not be buying houses either over the next 30 days or so too.

Here in the Nashville real estate market, it has been so hard to compete with these iBuyers or institutional buyers like Opendoor and Redfin because they buy houses with cash money and cash is king.

Download the HomeScout app and use my VIP code – 0832.

A lot of first-time buyers get completely shut out and have no chance of competing against these iBuyers. With these cash buyers out of the market right now, there’s no better time to buy if you can.

If you still have your job and you have continued to work despite the tornado we had a few weeks ago and the virus insanity, it may be the perfect time to secure the home of your dreams.

There’s significantly less competition at the moment and the mortgage interest rates are still extremely low.

Download the HomeScout App and use my VIP code – 0832 to search the Nashville MLS.

Call Rhonda today at 615-554-0832 to take advantage of the lower interest rates and less competition.

Check out: “How to increase your credit score to buy a house – How to boost your credit score fast”

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